USDA, IRS Rush Through Flurry of Rule Changes on COVID-19 Aid, Taxes
Changes to the H-2A agricultural guest-worker program, a rule for hemp production, expanded COVID-19 aid through the Coronavirus Food Assistance Program (CFAP) and a new rule that will raise taxes on farmers working with cooperatives were all part of a flurry of last-minute regulatory changes implemented by USDA, the IRS and Department of Labor late last week.
NCIS Scholarship Program Builds Diversity in Agriculture
A National Crop Insurance Services (NCIS) scholarship program is helping grow diversity in agriculture through new opportunities for agricultural students…
Acreage Battle Setting Up Between Corn, Soybeans
New-crop corn and soybean futures have felt some bullish momentum from USDA's reports earlier this week that showed lower-than-expected domestic stocks for both.
ARC or PLC for the 2021 Crop? Here’s Help Deciding
Many farmers have faced tough decisions in recent years in determining which of the federal programs will provide better coverage,…
Class Action Lawsuit Alleges Unfair Crop Input Market Practices
A lawsuit filed recently by the executrix of a southern Illinois farm estate has grown to a class action alleging a group of crop input providers — including some of the world's largest seed and chemical companies — used practices "denying farmers accurate product information, including pricing information."
Winter Storm Systems Lining Up for Northern Plains, Midwest
Brisk winds in the upper atmosphere will help propel low-pressure systems from the Pacific Ocean and "clipper" systems from Canada across the U.S. in they next two days, delivering considerable snowfall to parts of the northern Plains and Midwest while a high pressure is likely to bring rainfall to the Southeast.
Leveraging Bullish Prices and Interest Rates to Manage Costs
Rising corn and soybean prices are contributing to improving revenue prospects for row crop farmers.
China Key to Ag Profitability in 2021 — Economists
Though domestic supplies have helped drive the latest rally in the grain markets, demand from China as that nation continues to rebuild its hog herd will likely be the major fundamental driver of prices and, in turn, revenue for producers in 2021, American Farm Bureau Federation (AFBF) economists said at the organization's convention this week.
Farm Machinery Sector Falling Behind on Digital Commerce
Twenty years ago, Walmart didn't see Amazon.com, then primarily an online book-seller, as a potential competitor.
Labor, Infrastructure, Supply Chain Top Major Ag Issues — AFBF Convention
Though the COVID-19 pandemic contributed to how light was shed on some of the issues, things like rural infrastructure (including rural broadband), farm labor and sustainability will remain major priorities once the pandemic is under control.